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Commerce · Q56

Banking and Financial Institutions

Graduate and Post Graduate · Commerce · question 56

Q56

Which one of the following is not the function of the Reserve Bank of lndia?

A.
Issue of bank notes
B.
Custodian of cash reserves of commercial banks
C.
Accepting deposits and advancing loans to public
Answer
D.
Controller of credit

Answer: Option C

Solution

Answer: Option C
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